Why haven’t we heard more about sexual harassment in the wealth management industry?

Amid countless, heart-wrenching accounts about the personal anguish and professional setbacks caused by unwelcome sexual behavior in the entertainment, media and manufacturing industries, I’ve been asking men and women in financial services this question.

But it hasn’t gone away. Case in point: News stories revealing that a well-connected prime brokerage executive at Bank of America, Omeed Malik, was forced out in January after an investigation of allegations by female employees that he made unwanted advances.

That means it’s more important to ask a different question: What will we do to assure more women and men are treated with respect in the workplace? While there is a long way to go, I’ve been encouraged to see some firms and executives take action.